Thanks for that.
Unfortunately the A$ gold price averaged above A$2,650 in April when RMS sold heavily into their hedge and now that they should be selling at the spot gold price it's approximately $200 lower.
Lol they just can't seem to win with their hedging strategy.
Jim.
RMS Chart, page-25
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 (20min delay)
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Last
$2.06 |
Change
0.010(0.49%) |
Mkt cap ! $2.353B | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.09 | $2.03 | $14.99M | 7.245M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1999 | $2.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.07 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/04/2024 (20 minute delay) ? |
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Last
$2.07 |
Change
0.010 ( 1.47 %) |
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| Open | High | Low | Volume | ||
| $2.03 | $2.09 | $2.03 | 2034559 | ||
| Last updated 15.59pm 19/04/2024 ? | |||||
| RMS (ASX) Chart |